[2][3][4] Paul Schwarzkopf (born 13 April 1886), an industrial entrepreneur and pioneer in the powder metallurgy field,[5] founded Metallwerk Plansee GmbH in 1921.

Schwarzkopf, who was searching for a suitable production site close to a hydropower station at the time by placing a newspaper advertisement, ultimately decided in favour of Reutte.

[6] In 1938, Schwarzkopf was expropriated following the annexation of Austria to the German Reich, as he was considered to be Jewish under the Nuremberg laws and decided to flee from the National Socialists to the USA.

[citation needed] Schwarzkopf continued to conduct research in the field of powder metallurgy in exile and returned to Europe in 1947.

Hilde Schwarzkopf, who represented the family’s interests on the Supervisory Board from 1978 on and was referred to as the Grande Dame of Tyrolean Industry, appeared before the workforce shortly thereafter, announcing her commitment to the reconstruction of the site despite the damage it had incurred.

GTP has a subsidiary, Bruntál (Czech Republic), and was integrated into the Plansee Group on 1 August 2008 following approval by the antitrust authority, becoming the fourth division at that time.

The Plansee Group holds a 20 percent stake in the publicly traded Molibdenos y Metalas S.A. (Molymet for short), based in Santiago de Chile.

Since resources are scarce and expensive, the first step - procuring the raw materials by cooperating with mines or recycling facilities - is becoming increasingly important.

[3] The Plansee Group primarily processes molybdenum and tungsten, but also other refractory metals such as tantalum, niobium and chromium as well as their alloys and composites.

[3] The foundation named after the company founder Paul Schwarzkopf, based in Reutte, supports adolescents from economically disadvantaged families, assisting with their training and continuing education.

Experts from the realms of research, science and industry discuss applications, materials, production technologies as well as testing and characterisation methods.